ONOF vs. SSPY ETF Comparison

Comparison of Global X Adaptive U.S. Risk Management ETF (ONOF) to Syntax Stratified LargeCap ETF (SSPY)

ONOF

Global X Adaptive U.S. Risk Management ETF

ONOF Description

The investment seeks investment results that correspond generally to the price and yield performance of the Adaptive Wealth Strategies U.S. Risk Management Index. The fund invests at least 80% of its total assets in the securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities, either individually or in the aggregate. The index is designed to dynamically allocate between either 100% exposure to the Solactive GBS United States 500 Index TR or 100% exposure to a portfolio of U.S. Treasuries with 1-3 years remaining to maturity. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.77

Average Daily Volume

4,670

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$82.04

Average Daily Volume

2,303

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	ONOF	SSPY
30 Days	3.66%	4.23%
60 Days	5.15%	1.79%
90 Days	6.75%	3.72%
12 Months	25.68%	23.81%

428 Overlapping Holdings

Symbol	Grade	Weight in ONOF	Weight in SSPY	Overlap
A	D	0.08%	0.15%	0.08%
AAPL	C	6.64%	0.5%	0.5%
ABBV	D	0.59%	0.24%	0.24%
ABNB	C	0.11%	0.12%	0.11%
ABT	B	0.39%	0.06%	0.06%
ACGL	D	0.07%	0.14%	0.07%
ACN	C	0.45%	0.13%	0.13%
ADBE	C	0.46%	0.16%	0.16%
ADI	D	0.21%	0.22%	0.21%
ADM	D	0.05%	0.37%	0.05%
ADP	B	0.24%	0.21%	0.21%
ADSK	A	0.13%	0.17%	0.13%
AEE	A	0.05%	0.08%	0.05%
AEP	D	0.1%	0.24%	0.1%
AFL	B	0.11%	0.2%	0.11%
AIG	B	0.1%	0.2%	0.1%
AJG	B	0.12%	0.03%	0.03%
AKAM	D	0.03%	0.27%	0.03%
ALGN	D	0.03%	0.1%	0.03%
ALL	A	0.1%	0.2%	0.1%
AMAT	F	0.3%	0.18%	0.18%
AMCR	D	0.03%	0.13%	0.03%
AMD	F	0.44%	0.14%	0.14%
AME	A	0.09%	0.13%	0.09%
AMGN	D	0.31%	0.24%	0.24%
AMP	A	0.11%	0.08%	0.08%
AMT	D	0.18%	0.06%	0.06%
AMZN	C	3.9%	0.22%	0.22%
ANET	C	0.18%	0.21%	0.18%
ANSS	B	0.06%	0.17%	0.06%
AON	A	0.14%	0.04%	0.04%
APD	A	0.14%	0.05%	0.05%
APH	A	0.17%	0.19%	0.17%
APTV	D	0.03%	0.4%	0.03%
ARE	D	0.03%	0.11%	0.03%
ATO	A	0.04%	0.33%	0.04%
AVB	B	0.06%	0.1%	0.06%
AVGO	D	1.53%	0.23%	0.23%
AVY	D	0.03%	0.06%	0.03%
AWK	D	0.05%	0.32%	0.05%
AXON	A	0.08%	0.09%	0.08%
AXP	A	0.32%	0.04%	0.04%
AZO	C	0.11%	0.14%	0.11%
BA	F	0.16%	0.16%	0.16%
BAC	A	0.61%	0.12%	0.12%
BALL	D	0.04%	0.13%	0.04%
BAX	D	0.03%	0.05%	0.03%
BBY	D	0.03%	0.17%	0.03%
BDX	F	0.13%	0.05%	0.05%
BG	F	0.02%	0.37%	0.02%
BIIB	F	0.05%	0.24%	0.05%
BK	A	0.11%	0.11%	0.11%
BKNG	A	0.33%	0.11%	0.11%
BKR	B	0.09%	0.35%	0.09%
BLDR	D	0.04%	0.19%	0.04%
BLK	C	0.3%	0.08%	0.08%
BMY	B	0.23%	0.25%	0.23%
BR	A	0.05%	0.11%	0.05%
BRK.A	B	1.21%	0.5%	0.5%
BRO	B	0.05%	0.04%	0.04%
BSX	B	0.25%	0.06%	0.06%
BX	A	0.25%	0.08%	0.08%
BXP	D	0.02%	0.11%	0.02%
C	A	0.25%	0.13%	0.13%
CAG	D	0.03%	0.21%	0.03%
CAH	B	0.06%	0.19%	0.06%
CARR	D	0.12%	0.08%	0.08%
CAT	B	0.37%	0.14%	0.14%
CB	C	0.23%	0.14%	0.14%
CBOE	B	0.04%	0.04%	0.04%
CBRE	B	0.08%	0.04%	0.04%
CCI	D	0.09%	0.06%	0.06%
CCL	B	0.05%	0.09%	0.05%
CDNS	B	0.16%	0.33%	0.16%
CDW	F	0.05%	0.13%	0.05%
CE	F	0.02%	0.07%	0.02%
CEG	D	0.14%	0.38%	0.14%
CF	B	0.03%	0.09%	0.03%
CFG	B	0.04%	0.06%	0.04%
CHD	B	0.05%	0.42%	0.05%
CHTR	C	0.07%	0.47%	0.07%
CI	F	0.18%	0.19%	0.18%
CINF	A	0.04%	0.14%	0.04%
CL	D	0.15%	0.41%	0.15%
CLX	B	0.04%	0.41%	0.04%
CMCSA	B	0.33%	0.52%	0.33%
CME	A	0.16%	0.04%	0.04%
CMG	B	0.16%	0.5%	0.16%
CMI	A	0.1%	0.08%	0.08%
CMS	C	0.04%	0.08%	0.04%
CNC	D	0.06%	0.26%	0.06%
CNP	B	0.04%	0.26%	0.04%
COF	B	0.14%	0.7%	0.14%
COP	C	0.26%	0.07%	0.07%
COR	B	0.08%	0.18%	0.08%
COST	B	0.8%	0.71%	0.71%
CPAY	A	0.05%	0.04%	0.04%
CPB	D	0.02%	0.2%	0.02%
CPRT	A	0.1%	0.23%	0.1%
CRM	B	0.6%	0.35%	0.35%
CRWD	B	0.15%	0.18%	0.15%
CSCO	B	0.46%	0.21%	0.21%
CSGP	D	0.06%	0.04%	0.04%
CSX	B	0.14%	0.08%	0.08%
CTAS	B	0.15%	0.18%	0.15%
CTRA	B	0.04%	0.17%	0.04%
CTSH	B	0.08%	0.13%	0.08%
CTVA	C	0.08%	0.08%	0.08%
CVS	D	0.14%	0.69%	0.14%
CVX	A	0.54%	0.76%	0.54%
D	C	0.09%	0.24%	0.09%
DAL	C	0.08%	0.28%	0.08%
DD	D	0.06%	0.05%	0.05%
DE	A	0.19%	0.13%	0.13%
DECK	A	0.06%	0.3%	0.06%
DELL	C	0.08%	0.17%	0.08%
DFS	B	0.08%	0.69%	0.08%
DG	F	0.03%	0.17%	0.03%
DGX	A	0.03%	0.16%	0.03%
DHI	D	0.1%	0.24%	0.1%
DHR	F	0.3%	0.1%	0.1%
DIS	B	0.39%	0.21%	0.21%
DLR	B	0.11%	0.26%	0.11%
DLTR	F	0.03%	0.17%	0.03%
DOC	D	0.03%	0.11%	0.03%
DOV	A	0.05%	0.17%	0.05%
DOW	F	0.06%	0.07%	0.06%
DRI	B	0.04%	0.51%	0.04%
DTE	C	0.05%	0.25%	0.05%
DUK	C	0.17%	0.07%	0.07%
DVN	F	0.05%	0.16%	0.05%
DXCM	D	0.06%	0.1%	0.06%
EA	A	0.08%	0.49%	0.08%
EBAY	D	0.06%	0.22%	0.06%
ECL	D	0.12%	0.05%	0.05%
ED	D	0.06%	0.24%	0.06%
EFX	F	0.06%	0.04%	0.04%
EG	C	0.02%	0.14%	0.02%
EIX	B	0.06%	0.25%	0.06%
EL	F	0.03%	0.5%	0.03%
ELV	F	0.19%	0.24%	0.19%
EMR	A	0.14%	0.03%	0.03%
ENPH	F	0.02%	0.26%	0.02%
EOG	A	0.15%	0.07%	0.07%
EQIX	A	0.16%	0.27%	0.16%
EQR	B	0.05%	0.1%	0.05%
EQT	B	0.05%	0.18%	0.05%
ERIE	D	0.02%	0.2%	0.02%
ES	D	0.04%	0.07%	0.04%
ESS	B	0.04%	0.1%	0.04%
ETN	A	0.28%	0.26%	0.26%
ETR	B	0.06%	0.25%	0.06%
EVRG	A	0.03%	0.08%	0.03%
EW	C	0.08%	0.06%	0.06%
EXC	C	0.07%	0.3%	0.07%
EXPD	D	0.03%	0.09%	0.03%
EXPE	B	0.04%	0.12%	0.04%
EXR	D	0.07%	0.11%	0.07%
F	C	0.08%	0.25%	0.08%
FANG	D	0.06%	0.07%	0.06%
FAST	B	0.09%	0.13%	0.09%
FCX	D	0.12%	0.3%	0.12%
FDS	B	0.04%	0.04%	0.04%
FDX	B	0.13%	0.07%	0.07%
FE	C	0.04%	0.24%	0.04%
FI	A	0.24%	0.06%	0.06%
FICO	B	0.11%	0.05%	0.05%
FIS	C	0.1%	0.05%	0.05%
FITB	A	0.06%	0.06%	0.06%
FOX	A	0.01%	0.1%	0.01%
FOXA	B	0.02%	0.1%	0.02%
FSLR	F	0.04%	0.2%	0.04%
FTNT	C	0.11%	0.17%	0.11%
FTV	C	0.05%	0.03%	0.03%
GD	F	0.13%	0.16%	0.13%
GDDY	A	0.05%	0.27%	0.05%
GE	D	0.38%	0.17%	0.17%
GEHC	F	0.07%	0.1%	0.07%
GEV	B	0.18%	0.18%	0.18%
GILD	C	0.23%	0.25%	0.23%
GIS	D	0.07%	0.21%	0.07%
GLW	B	0.07%	0.19%	0.07%
GM	B	0.13%	0.25%	0.13%
GOOG	C	1.82%	0.23%	0.23%
GOOGL	C	2.02%	0.23%	0.23%
GPC	D	0.03%	0.15%	0.03%
GPN	B	0.06%	0.04%	0.04%
GRMN	B	0.06%	0.33%	0.06%
GS	A	0.36%	0.25%	0.25%
GWW	B	0.1%	0.12%	0.1%
HAL	C	0.05%	0.34%	0.05%
HBAN	A	0.05%	0.06%	0.05%
HCA	F	0.13%	0.33%	0.13%
HD	A	0.79%	0.26%	0.26%
HES	B	0.08%	0.07%	0.07%
HIG	B	0.07%	0.14%	0.07%
HLT	A	0.12%	0.12%	0.12%
HOLX	D	0.04%	0.1%	0.04%
HON	B	0.3%	0.17%	0.17%
HPE	B	0.05%	0.19%	0.05%
HPQ	B	0.07%	0.35%	0.07%
HRL	D	0.02%	0.36%	0.02%
HSY	F	0.05%	0.18%	0.05%
HUBB	B	0.05%	0.26%	0.05%
HUM	C	0.07%	0.26%	0.07%
HWM	A	0.09%	0.08%	0.08%
IBM	C	0.38%	0.34%	0.34%
ICE	C	0.17%	0.04%	0.04%
IDXX	F	0.07%	0.1%	0.07%
IEX	B	0.03%	0.2%	0.03%
IFF	D	0.04%	0.05%	0.04%
INCY	C	0.03%	0.25%	0.03%
INTC	D	0.21%	0.16%	0.16%
INTU	C	0.38%	0.2%	0.2%
INVH	D	0.04%	0.1%	0.04%
IQV	D	0.07%	0.14%	0.07%
IR	B	0.08%	0.2%	0.08%
IRM	D	0.06%	0.06%	0.06%
ISRG	A	0.37%	0.12%	0.12%
IT	C	0.08%	0.13%	0.08%
ITW	B	0.16%	0.17%	0.16%
J	F	0.03%	0.4%	0.03%
JBHT	C	0.03%	0.08%	0.03%
JBL	B	0.03%	0.38%	0.03%
JCI	C	0.11%	0.08%	0.08%
JNJ	D	0.72%	0.24%	0.24%
JPM	A	1.35%	0.13%	0.13%
K	A	0.04%	0.18%	0.04%
KDP	D	0.07%	0.24%	0.07%
KEYS	A	0.05%	0.21%	0.05%
KHC	F	0.05%	0.21%	0.05%
KKR	A	0.2%	0.09%	0.09%
KLAC	D	0.17%	0.17%	0.17%
KMB	D	0.09%	0.42%	0.09%
KMI	A	0.1%	0.25%	0.1%
KO	D	0.48%	0.25%	0.25%
KR	B	0.08%	0.74%	0.08%
KVUE	A	0.09%	0.42%	0.09%
L	A	0.03%	0.49%	0.03%
LDOS	C	0.04%	0.13%	0.04%
LEN	D	0.08%	0.25%	0.08%
LEN	D	0.0%	0.25%	0.0%
LH	C	0.04%	0.16%	0.04%
LHX	C	0.09%	0.08%	0.08%
LIN	D	0.43%	0.04%	0.04%
LLY	F	1.31%	0.23%	0.23%
LMT	D	0.25%	0.09%	0.09%
LNT	A	0.03%	0.08%	0.03%
LOW	D	0.3%	0.26%	0.26%
LULU	C	0.07%	0.31%	0.07%
LUV	C	0.04%	0.25%	0.04%
LVS	C	0.03%	0.08%	0.03%
LYB	F	0.04%	0.07%	0.04%
LYV	A	0.04%	0.09%	0.04%
MA	C	0.84%	0.04%	0.04%
MAA	B	0.04%	0.1%	0.04%
MAR	B	0.13%	0.12%	0.12%
MCD	D	0.42%	0.5%	0.42%
MCHP	D	0.07%	0.14%	0.07%
MCK	B	0.16%	0.18%	0.16%
MCO	B	0.15%	0.04%	0.04%
MDLZ	F	0.17%	0.18%	0.17%
MDT	D	0.22%	0.06%	0.06%
MET	A	0.1%	0.21%	0.1%
META	D	2.47%	0.47%	0.47%
MGM	D	0.02%	0.07%	0.02%
MKC	D	0.04%	0.21%	0.04%
MLM	B	0.07%	0.17%	0.07%
MMC	B	0.21%	0.04%	0.04%
MMM	D	0.14%	0.17%	0.14%
MNST	C	0.08%	0.25%	0.08%
MO	A	0.19%	0.35%	0.19%
MOH	F	0.03%	0.25%	0.03%
MPC	D	0.1%	0.49%	0.1%
MPWR	F	0.06%	0.22%	0.06%
MRK	F	0.49%	0.24%	0.24%
MRNA	F	0.03%	0.24%	0.03%
MRO	B	0.03%	0.07%	0.03%
MS	A	0.32%	0.26%	0.26%
MSCI	C	0.09%	0.04%	0.04%
MSFT	F	6.15%	0.32%	0.32%
MSI	B	0.16%	0.49%	0.16%
MTB	A	0.07%	0.06%	0.06%
MTD	D	0.05%	0.15%	0.05%
MU	D	0.22%	0.15%	0.15%
NDAQ	A	0.06%	0.04%	0.04%
NDSN	B	0.03%	0.03%	0.03%
NEE	D	0.3%	0.24%	0.24%
NEM	D	0.09%	0.25%	0.09%
NFLX	A	0.69%	0.22%	0.22%
NKE	D	0.18%	0.33%	0.18%
NOC	D	0.15%	0.09%	0.09%
NOW	A	0.42%	0.22%	0.22%
NSC	B	0.12%	0.08%	0.08%
NTAP	C	0.05%	0.17%	0.05%
NTRS	A	0.04%	0.08%	0.04%
NUE	C	0.07%	0.26%	0.07%
NVDA	C	6.8%	0.13%	0.13%
NVR	D	0.05%	0.26%	0.05%
O	D	0.1%	0.07%	0.07%
ODFL	B	0.08%	0.08%	0.08%
OKE	A	0.12%	0.24%	0.12%
OMC	C	0.04%	0.34%	0.04%
ON	D	0.06%	0.23%	0.06%
ORCL	B	0.6%	0.34%	0.34%
ORLY	B	0.14%	0.14%	0.14%
OTIS	C	0.08%	0.08%	0.08%
OXY	D	0.07%	0.07%	0.07%
PANW	C	0.25%	0.16%	0.16%
PAYX	C	0.09%	0.21%	0.09%
PCAR	B	0.12%	0.13%	0.12%
PCG	A	0.09%	0.08%	0.08%
PEG	A	0.08%	0.26%	0.08%
PEP	F	0.45%	0.18%	0.18%
PFE	D	0.29%	0.24%	0.24%
PFG	D	0.04%	0.21%	0.04%
PG	A	0.77%	0.42%	0.42%
PGR	A	0.3%	0.19%	0.19%
PH	A	0.17%	0.08%	0.08%
PHM	D	0.05%	0.25%	0.05%
PLD	D	0.21%	0.06%	0.06%
PLTR	B	0.23%	0.23%	0.23%
PM	B	0.39%	0.35%	0.35%
PNC	B	0.16%	0.06%	0.06%
PPG	F	0.06%	0.07%	0.06%
PPL	B	0.05%	0.08%	0.05%
PRU	A	0.09%	0.2%	0.09%
PSA	D	0.1%	0.11%	0.1%
PSX	C	0.11%	0.51%	0.11%
PTC	A	0.04%	0.17%	0.04%
PWR	A	0.09%	0.4%	0.09%
PYPL	B	0.18%	0.06%	0.06%
QCOM	F	0.36%	0.22%	0.22%
RCL	A	0.1%	0.09%	0.09%
REGN	F	0.16%	0.22%	0.16%
RF	A	0.05%	0.06%	0.05%
RJF	A	0.06%	0.25%	0.06%
RMD	C	0.07%	0.09%	0.07%
ROK	B	0.06%	0.03%	0.03%
ROL	B	0.03%	0.18%	0.03%
ROP	B	0.12%	0.03%	0.03%
ROST	C	0.09%	0.72%	0.09%
RSG	A	0.08%	0.18%	0.08%
RTX	C	0.31%	0.08%	0.08%
RVTY	F	0.03%	0.1%	0.03%
SBAC	D	0.05%	0.06%	0.05%
SBUX	A	0.22%	0.48%	0.22%
SCHW	B	0.23%	0.25%	0.23%
SHW	A	0.18%	0.06%	0.06%
SLB	C	0.12%	0.35%	0.12%
SMCI	F	0.02%	0.15%	0.02%
SNPS	B	0.16%	0.34%	0.16%
SO	D	0.19%	0.08%	0.08%
SPG	B	0.11%	0.07%	0.07%
SPGI	C	0.31%	0.04%	0.04%
SRE	A	0.11%	0.08%	0.08%
STE	F	0.04%	0.12%	0.04%
STLD	B	0.04%	0.27%	0.04%
STT	A	0.06%	0.12%	0.06%
STX	D	0.04%	0.17%	0.04%
STZ	D	0.07%	0.25%	0.07%
SW	A	0.05%	0.07%	0.05%
SWK	D	0.03%	0.27%	0.03%
SWKS	F	0.03%	0.21%	0.03%
SYF	B	0.05%	0.69%	0.05%
SYK	C	0.24%	0.12%	0.12%
SYY	B	0.07%	0.75%	0.07%
T	A	0.31%	0.33%	0.31%
TDG	D	0.14%	0.08%	0.08%
TDY	B	0.04%	0.03%	0.03%
TER	D	0.03%	0.17%	0.03%
TFC	A	0.12%	0.06%	0.06%
TGT	F	0.14%	0.17%	0.14%
TJX	A	0.27%	0.72%	0.27%
TMO	F	0.4%	0.14%	0.14%
TMUS	B	0.22%	0.33%	0.22%
TRGP	B	0.08%	0.24%	0.08%
TRMB	B	0.03%	0.03%	0.03%
TROW	B	0.05%	0.09%	0.05%
TRV	B	0.12%	0.14%	0.12%
TSCO	D	0.06%	0.12%	0.06%
TSLA	B	1.7%	0.28%	0.28%
TSN	B	0.03%	0.36%	0.03%
TT	A	0.18%	0.07%	0.07%
TTWO	A	0.06%	0.49%	0.06%
TXN	C	0.37%	0.23%	0.23%
TYL	B	0.05%	0.22%	0.05%
UAL	A	0.06%	0.28%	0.06%
UBER	D	0.28%	0.11%	0.11%
ULTA	F	0.03%	0.17%	0.03%
UNH	C	1.07%	0.26%	0.26%
UNP	C	0.28%	0.08%	0.08%
UPS	C	0.19%	0.09%	0.09%
URI	B	0.11%	0.14%	0.11%
USB	A	0.15%	0.06%	0.06%
V	A	1.01%	0.04%	0.04%
VICI	C	0.06%	0.06%	0.06%
VLO	C	0.09%	0.5%	0.09%
VLTO	D	0.04%	0.03%	0.03%
VMC	B	0.07%	0.17%	0.07%
VRSK	A	0.08%	0.04%	0.04%
VRSN	F	0.03%	0.27%	0.03%
VRTX	F	0.24%	0.23%	0.23%
VST	B	0.1%	0.41%	0.1%
VTR	C	0.05%	0.11%	0.05%
VTRS	A	0.03%	0.24%	0.03%
VZ	C	0.34%	0.33%	0.33%
WAB	B	0.07%	0.13%	0.07%
WAT	B	0.05%	0.15%	0.05%
WBD	C	0.04%	0.19%	0.04%
WDC	D	0.04%	0.17%	0.04%
WEC	A	0.06%	0.07%	0.06%
WELL	A	0.16%	0.11%	0.11%
WFC	A	0.49%	0.13%	0.13%
WM	A	0.18%	0.18%	0.18%
WMB	A	0.13%	0.25%	0.13%
WMT	A	0.73%	0.73%	0.73%
WRB	A	0.03%	0.14%	0.03%
WST	C	0.05%	0.05%	0.05%
WTW	B	0.06%	0.03%	0.03%
WY	D	0.04%	0.17%	0.04%
XEL	A	0.07%	0.08%	0.07%
XOM	B	1.05%	0.77%	0.77%
XYL	D	0.06%	0.19%	0.06%
YUM	B	0.07%	0.51%	0.07%
ZBH	C	0.04%	0.12%	0.04%
ZBRA	B	0.04%	0.13%	0.04%
ZTS	D	0.16%	0.25%	0.16%

ONOF Overweight 72 Positions Relative to SSPY

Symbol	Grade	Weight
LRCX	F	0.19%
MELI	D	0.18%
MRVL	B	0.15%
APP	B	0.13%
APO	B	0.13%
SPOT	B	0.13%
WDAY	B	0.12%
MSTR	C	0.12%
COIN	C	0.11%
DASH	A	0.11%
TTD	B	0.11%
VRT	B	0.09%
SQ	B	0.09%
FLUT	A	0.09%
LNG	B	0.09%
TEAM	A	0.08%
DDOG	A	0.08%
SNOW	C	0.08%
HUBS	A	0.07%
VEEV	C	0.07%
ARES	A	0.06%
TPL	A	0.06%
ALNY	D	0.06%
LPLA	A	0.05%
MKL	A	0.05%
FCNCA	A	0.05%
RBLX	C	0.05%
CVNA	B	0.05%
NET	B	0.05%
CPNG	D	0.05%
WSO	A	0.04%
DKNG	B	0.04%
TRU	D	0.04%
ZS	C	0.04%
LII	A	0.04%
BAH	F	0.04%
MDB	C	0.04%
CSL	C	0.04%
ZM	B	0.04%
ILMN	D	0.04%
EME	C	0.04%
AVTR	F	0.03%
TW	A	0.03%
ENTG	D	0.03%
SUI	D	0.03%
PSTG	D	0.03%
WSM	B	0.03%
HOOD	B	0.03%
HEI	B	0.03%
SSNC	B	0.03%
RS	B	0.03%
PINS	D	0.03%
IBKR	A	0.03%
TKO	B	0.02%
SCCO	F	0.02%
RPRX	D	0.02%
DOX	D	0.02%
IOT	A	0.02%
SNAP	C	0.02%
OWL	A	0.02%
HEI	B	0.02%
BMRN	D	0.02%
OKTA	C	0.02%
GFS	C	0.01%
WLK	D	0.01%
WMG	C	0.01%
EDR	A	0.01%
TPG	A	0.01%
BSY	D	0.01%
SIRI	C	0.0%
RKT	F	0.0%
AGR	B	0.0%

ONOF Underweight 73 Positions Relative to SSPY

Symbol	Grade	Weight
WBA	F	-0.64%
DPZ	C	-0.52%
MTCH	D	-0.47%
BWA	D	-0.42%
IPG	D	-0.34%
TPR	B	-0.33%
NI	A	-0.33%
NRG	B	-0.33%
AES	F	-0.32%
UHS	D	-0.32%
RL	B	-0.32%
HAS	D	-0.26%
CTLT	B	-0.25%
SNA	A	-0.25%
TAP	C	-0.25%
NXPI	D	-0.23%
PAYC	B	-0.22%
LW	C	-0.22%
DAY	B	-0.22%
FFIV	B	-0.21%
AOS	F	-0.21%
QRVO	F	-0.21%
SJM	D	-0.21%
GL	B	-0.2%
JNPR	F	-0.2%
PARA	C	-0.2%
AIZ	A	-0.2%
HSIC	B	-0.2%
MHK	D	-0.19%
TEL	B	-0.19%
MAS	D	-0.19%
PNR	A	-0.19%
BBWI	D	-0.19%
GEN	B	-0.17%
TXT	D	-0.16%
TECH	D	-0.15%
CRL	C	-0.14%
KMX	B	-0.14%
LKQ	D	-0.14%
POOL	C	-0.13%
EPAM	C	-0.13%
DVA	B	-0.11%
CPT	B	-0.11%
HST	C	-0.11%
PODD	C	-0.1%
NWSA	B	-0.1%
NWS	B	-0.1%
UDR	B	-0.1%
FMC	D	-0.09%
BEN	C	-0.09%
CHRW	C	-0.09%
NCLH	B	-0.09%
IVZ	B	-0.09%
ALLE	D	-0.08%
GNRC	B	-0.08%
WYNN	D	-0.08%
HII	D	-0.08%
MOS	F	-0.08%
CZR	F	-0.07%
APA	D	-0.07%
PNW	B	-0.07%
KEY	B	-0.06%
IP	B	-0.06%
PKG	A	-0.06%
REG	B	-0.06%
KIM	A	-0.06%
FRT	B	-0.06%
SOLV	C	-0.05%
TFX	F	-0.05%
EMN	D	-0.05%
ALB	C	-0.05%
JKHY	D	-0.05%
MKTX	D	-0.04%